killexams.com 100% download CPSM-Exam-2 Study Guide
Killexams.com provides the most current and 2025-updated Premium Questions and Ans Practice Tests, featuring Exam Cram Questions and Answers tailored for the latest ISM CPSM Exam 2: Effective Supply Management Performance - 2025 Exam topics. Engage with our Study Guide Practice Tests to enhance your expertise and achieve top scores on your exam. We guarantee your triumph at the Test Center, as our materials comprehensively cover all exam references, strengthening your mastery of the CPSM-Exam-2 exam. With our Mock Questions Practice Tests, supported by premium TestPrep Practice Tests, online

We proudly showcase a vast roster of triumphant candidates who have conquered the CPSM-Exam-2 exam with the aid of our online exam practice Practice Tests. These individuals now hold prestigious roles in their organizations, enjoying substantial career rewards. Their achievements stem not only from studying our CPSM-Exam-2 Real Exam Questions but also from honing their expertise and deepening their knowledge. This enables them to excel as professionals in real-world settings. At killexams.com, our mission goes beyond helping candidates pass the CPSM-Exam-2 exam with our questions and answers; we are committed to elevating their understanding of CPSM-Exam-2 concepts and objectives, paving the way for true success.

To enhance your preparation, download the CPSM-Exam-2 Real Exam Questions PDF Practice Test on any device and study authentic CPSM-Exam-2 questions while traveling or on vacation. This convenient approach saves time and maximizes your focus on CPSM-Exam-2 content. Sharpen your skills with our CPSM-Exam-2 Mock Questions using our VCE exam simulator, practicing repeatedly until you achieve a perfect score. Once confident, head directly to the testing center, ready to ace the actual CPSM-Exam-2 exam with ease.

Number of Questions: 165 multiple-choice questions.
Duration: 3 hours (180 minutes).
Passing Score: The passing score is determined by ISM and is based on a scaled scoring system.
Delivery Method: The exam is administered online through a proctored testing platform.

- Strategic Sourcing and Category Management
- Strategic sourcing process and methodologies.
- Category management strategies and implementation.
- Supplier segmentation and relationship management.
- Market analysis and benchmarking.
- Total cost of ownership (TCO) analysis.
- Risk management in sourcing.
- Sustainable and ethical sourcing practices.

- Spend analysis.
- RFx (Request for Proposal/Quotation/Information).
- Supplier scorecards.
- Kraljic Matrix.
- Supplier collaboration.
- Cost modeling.
- Outsourcing vs. insourcing.

- Supplier Relationship Management (SRM)
- Developing and maintaining supplier relationships.
- Supplier performance evaluation and improvement.
- Contract management and compliance.
- Collaborative innovation with suppliers.
- Conflict resolution and negotiation strategies.
- Supplier diversity and inclusion programs.

- Key Performance Indicators (KPIs).
- Service Level Agreements (SLAs).
- Supplier risk exam.
- Relationship mapping.
- Supplier development programs.
- Contract lifecycle management.

- Cost and Price Management
- Cost analysis techniques
- activity-based costing
- should-cost modeling
- Price analysis and market-based pricing.
- Cost reduction strategies.
- Value engineering and value analysis.
- Financial acumen in supply management.
- Negotiation tactics for cost savings.

- Direct vs. indirect costs.
- Fixed vs. variable costs.
- Cost avoidance vs. cost savings.
- Break-even analysis.
- Price benchmarking.
- Total landed cost.

- Supply Chain Risk Management
- Identifying and assessing supply chain risks.
- Risk mitigation strategies
- dual sourcing
- inventory buffers
- Business continuity planning.
- Geopolitical and regulatory risks.
- Cybersecurity risks in the supply chain.
- Supplier financial health monitoring.

- Risk appetite.
- Risk matrix.
- Force majeure.
- Contingency planning.
- Supply chain resilience.
- Supplier audits.

- Performance Measurement and Improvement
- Developing and implementing performance metrics.
- Balanced scorecard approach.
- Continuous improvement methodologies
- Lean
- Six Sigma
- Process mapping and optimization.
- Data-driven decision-making.
- Benchmarking and best practices.

- Key Performance Indicators (KPIs).
- Lead time reduction.
- Cycle time.
- Process efficiency.
- Root cause analysis.
- PDCA (Plan-Do-Check-Act).

- Technology and Analytics in Supply Management
- Role of technology in supply chain management
- ERP
- SRM
- e-procurement
- Data analytics and predictive modeling.
- Artificial Intelligence (AI) and Machine Learning (ML) in supply management.
- Blockchain and its applications in supply chains.
- Digital transformation in procurement.

- Big data.
- Predictive analytics.
- Spend visibility tools.
- Automation (RPA - Robotic Process Automation).
- Digital twins.
- Cloud-based procurement systems.

- Legal and Contractual Considerations
- Contract law basics.
- Key clauses in supply contracts
- indemnification
- termination
- liability
- Intellectual property (IP) considerations.
- Compliance with regulations
- GDPR
- SOX
- Dispute resolution mechanisms.

- Force majeure.
- Liquidated damages.
- Non-disclosure agreements (NDAs).
- Uniform Commercial Code (UCC).
- Incoterms.
- Breach of contract.

- Sustainability and Corporate Social Responsibility (CSR)
- Sustainable sourcing practices.
- Environmental, Social, and Governance (ESG) criteria.
- Circular economy principles.
- Ethical sourcing and labor practices.
- Carbon footprint reduction.
- Supplier codes of conduct.

- Life cycle exam (LCA).
- Carbon neutrality.
- Fair trade.
- Green procurement.
- Social responsibility audits.
- Zero waste initiatives.

- Global Supply Chain Management
- Managing global suppliers and logistics.
- Cross-cultural communication and negotiation.
- Trade compliance and customs regulations.
- Currency exchange and financial risks.
- Global market trends and challenges.

- Incoterms.
- Free trade agreements (FTAs).
- Tariffs and duties.
- Harmonized System (HS) codes.
- Export controls.
- Global sourcing strategies.

- Leadership and Change Management
- Leading cross-functional teams.
- Change management strategies.
- Stakeholder engagement and communication.
- Building a culture of continuous improvement.
- Talent development in supply management.

- Change readiness.
- Stakeholder analysis.
- Emotional intelligence (EQ).
- Transformational leadership.
- Mentorship and coaching.
- Organizational agility.

- Financial Acumen in Supply Management
- Understanding financial statements
- balance sheet
- income statement
- Budgeting and forecasting.
- Working capital management.
- Capital expenditure (CapEx) vs. operational expenditure (OpEx).
- Financial risk management.

- Return on Investment (ROI).
- Net Present Value (NPV).
- Cash flow analysis.
- Cost of capital.
- Profit margins.
- Economic Value Added (EVA).